USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MVR

MWK

MXN

MYR

MZN

NAD

NGN

NIO

NOK

NPR

NZD

OMR

PAB

PEN

PGK

PHP

PKR

PLN

PYG

QAR

RON

RSD

RUB

RWF

SAR

SBD

SCR

SDG

SEK

SGD

SHP

SLL

SRD

SSP

STD

STN

SVC

SYP

SZL

THB

TJS

TMT

TND

TOP

TRY

TTD

TWD

TZS

UAH

UGX

UYU

UZS

VES

VND

VUV

WST

ZAR

ZMW

ZWL

TimesTabloid 2024-11-30 06:30:06

Can Successful DeFi Platforms Like Raydium and Uniswap Compete With New Crypto Lunex?

DeFi is taking off right now, with Solana’s DEXs, such as Raydium, accounting for over $100 billion in volume over the last month. Compared to Ethereum’s Uniswap (UNI) , Raydium’s volume is nearly double Uniswap’s $50 billion, making Raydium’s RAY one of the hottest new crypto tokens to hold. Thanks to the booming DeFi sector on Raydium , the price of RAY has surged over 67%, adding to its year-to-date uptick of 1365%. Uniswap’s UN I, on the other hand, is just starting to recover from a devastating drop of over 70% from its peak price of $44. Another new crypto DeFi project disrupting the market right now is Lunex Network . This DEX aggregator powered by institutional-grade liquidity is currently flying through its ICO with its LNEX utility token priced at $0.0033, Lunex has raised over $3.6 million. Lunex Network outshines legacy DEXs with its revolutionary new crypto Lunex is a new approach to DeFi, and expert analysts are already forecasting great upside potential for its token, LNEX. At its core, Lunex is a futuristic DEX and aggregator built on a speedy network that is capable of facilitating effortless cross-chain asset transfers. While most DEXs require the user to connect a DeFi wallet to swap tokens, all you need on Lunex is the receiving address of your non-custodial wallet, and you can trade across more than 50,000 currency pairs. That’s right, Lunex acts as a multi-chain bridge and swapping dApp that simplifies the process of swapping or trading tokens on a DEX. Its most revolutionary solution is its capacity to fetch deep liquidity across the Web3 landscape. Each trade is split across multiple chains to find the best price with zero slippage. Lunex also comes with a portfolio tracker that delivers accurate and up-to-date market intelligence to help with making data-driven decisions. With over $3.5 million worth of LNEX tokens sold so far, holders can enjoy additional perks such as the platform’s staking program. Raydium leads the charge as Solan’s DeFi ecosystem thrives Data from DeFi Llama shows that Solana’s DeFi ecosystem just surpassed a monthly trading volume of $100 billion, with Raydium leading the charge, given its 30-day trading volume of over $80 billion. That’s nearly double of Ethereum’s Uniswap volume of about $50 billion. Raydium thrives on the massive attention platforms such as Pump.fun has received amid a frenzy of new crypto meme coins that have taken the crypto space by storm. Can Raydium’s RAY surge past its previous ATH? Uniswap’s UNI starts to recover amid increasing bullish sentiment The price of Uniswap’s UNI has registered an uptick over the last 30 days of about 62% as bullish sentiment around Uniswap picks up speed. For the better part of 2024, UNI’ s price remained stagnant below the $15 resistance region, but a change in the tide is underway. Can Uniswap reclaim its position as a DeFi giant? Conclusion Raydium’s RAY and Uniswap’s UNI are soon going to be locked in a tight race for dominance in the DeFi space. RAY currently enjoys its position as a new crypto DEX token. However, Lunex’s LNEX could soon dethrone them both thanks to its deep liquidity and extensive range of useful features. You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Can Successful DeFi Platforms Like Raydium and Uniswap Compete With New Crypto Lunex? appeared first on Times Tabloid .

Related News

Ethereum Price Analysis: Here’s Why ETH Can’t Brea...
21 Dec 2024
BONK Price Prediction 2025, 2026-2030: Will BONK P...
21 Dec 2024
U.S. Blacklists China’s Sophgo Amid Huawei AI Chip...
21 Dec 2024
Ethena Price Prediction 2024, 2025 – 2030: Will EN...
21 Dec 2024
Hyperliquid (HYPE) Token Hits $10 Billion Market C...
21 Dec 2024
XRP Lawsuit Faces Delays as SEC Shutdown Looms: Ke...
21 Dec 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

Can Successful DeFi Platforms Like Raydium and Uniswap Compete With New Crypto Lunex?

Most Read News

Related News